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Top Ten Reasons Why Large Companies Fail To Keep Their Best Talent

Whether it’s a high-profile tech company like Yahoo!, or a more established conglomerate like GE or Home Depot, large companies have a hard time keeping their best and brightest in house. Recently, GigaOM discussed the troubles at Yahoo! with a flat stock price, vested options for some of their best people, and the apparent free flow of VC dollars luring away some of their best people to do the start-up thing again. Yet, Yahoo!, GE, Home Depot, and other large established companies have a tremendous advantage in retaining their top talent and don’t. I’ve seen the good and the bad things that large companies do in relation to talent management. Here’s my Top Ten list of what large companies do to lose their top talent : 1. Big Company Bureaucracy. This is probably the #1 reason we hear after the fact from disenchanted employees. However, it’s usually a reason that masks the real reason. No one likes rules that make no sense. But, when top talent is complaining along these lines, i...

Employees From Yahoo, Google, And Facebook Are Flocking To These Start-Ups

Startups working on a technology called Hadoop have become talent magnets in Silicon Valley, hiring top engineers away from the likes of Google, Yahoo, Microsoft and Facebook. And they've become a popular investment for ex-Cisco execs turned VCs, too.  Hadoop is software for managing "big data." It makes it cheap and easy to store massive bits of information and then sift through it to find interesting trends. For instance, Google's Flu Trends uses Hadoop to see where flu outbreaks are by watching where people are doing flu-related searches. Most of these folks could have their picks of startups. Why Hadoop? Hadoop lets companies build applications that were never before possible. It works with a mind-boggling amount of stored data -- petabytes  -- and runs on cheap hardware. In the past, applications with data this big needed a supercomputer to process and a big network to move the data around. Now, apps that analyze trends, predict the weather, sift through so...